The Daily bulletin. [volume] (Honolulu [Hawaii]) 1882-1895, 1887-05-20
Chr 5#ilg 8nllstin.
FRIDAY MAY. 20 1887.
LABOR.

The list of employers who are
sharing profits with the employees is
increasing. The Springfield Foun-
dry company is the latest addition
TO the list. Pilsbury, the Minnea-
polls -four man, has begun it.
Out of 1882 coke ovens In the
Connellsville region, 1,204 are idle.
A million-dolar company has just
been organized in New Orleans to
build several hundred coke ovens in
Alabama. Another million.dollar
company is starting in Westmore-
land county, Pennsylvania. A
dozen concerns have completed ar
rangements to build coke ovens,
some Of them in the south, where
blast furnace production is seriously
hindered by the irregular and scant
supply. The Connellsville region
shipped $4,000 cars during January
and February.
Minnesota has two new labor laws.
One gives to labor the right of first
lien on all property. The other for
bids contractors for prison labor to
manufacture articles in competition
with the custom work done by arti-
san labor in the state.
The results of n years experiment
in profit-sharing in the Wardwell
needle company's works in Lake
Village, n. j., are reported by the
manager: ''Last spring we pro-
missed our employees to share equally
with them whatever profits we might
earn during the rest Of the year,
after paying reasonable interest
on the stock. This was accepted by
them instead of the increased pay
which they had asked. The result
of the years business has been
highly satisfactory. After dividing
6 per cent to stockholders-which
was about the average for the past
fifteen years-there was a surplus,
one-half of which was apportioned
among the help, nearly in proper
ton to the wages of each, and
amounted to about six per cent of
their wages for the time being, and
was nearly one-third in the aggre-
gate of the dividend to the stock
holders. 1t amounted to the same
as though they had owned about
5000 worth Of the stock each on an
average. With one-third less help
than for several previous years, our
business has been more successful
in the past year than in any pre-
vious year of our experience, and
we attribute this largely to the plan
of sharing the profits with the en-
ployes. We shall continue this ar
rangement, as we are satisfied it is
the best for all.
The German imperial printing
office at Berlin employs ninety-five
artists and artists assistants, and
the workmen, apprentices, lads and
girls number 40. The amount of
work turned out there in the inter-
est of the government is enormous.
The different German and Prussian
government offices absorb in COM
mon prints about 10000, 900 sheets,
the post and telegraph, $4,000, 900
sheets and 60,000,000 forms, cards,
etc. The number Of notes, etc.,
from the thousand-mark note down
to the lowest-priced post stamp,
printed during the last business
year at the Imperial office amounted
to 1,173,5G0,000, Of the value of
2,050, 100000 marks, which gives
an average of 100000 marks per
diem. All the people working in
the "value departments" have to
remain the whole day on the pre-
misses and to take their meals there,
for which purpose n kitchen has
been established, where they get
their food at reasonable prices.
N. Y. Standard.